This week at the 4G World Conference & Exposition, the WiMAX Forum, an industry-led organization that promotes the compatibility and interoperability of broadband wireless products based upon IEEE Standard 802.16, announced an updated industry roadmap.

United Microelectronics (UMC) saw its revenues increase about 3% sequentially in the third quarter of 2012. However, the company expects to post another shipment drop sequentially in the fourth quarter.

Panasonic's losses reached 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets. The company plans to merge some of its subsidiaries.